Industry

BGMEA And Bangladesh Army Discuss RMG Sector Security And Stability

Textile Insights July 14, 2025

In a significant step toward strengthening security in Bangladesh’s vital readymade garment (RMG) sector, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) held a high-level meeting with the Bangladesh Army at the BGMEA office. The meeting was chaired by BGMEA President

Industry

US-Vietnam Tariff Deal Seen As Positive Despite Higher Rates

Textile Insights July 14, 2025

Experts have welcomed the US–Vietnam trade agreement, calling it a positive outcome despite the imposition of a 20% tariff on Vietnamese goods and 40% on transshipped items. This marks a reduction from the previously proposed 46% rate. In return, Việt Nam will eliminate all tariffs on US imports, part of what President Trump called a […]

Industry

European Commission Launches Action Plan To Strengthen EU Chemical Industry

Textile Insights July 14, 2025

The European Commission has unveiled a comprehensive Action Plan for the EU chemical industry, aimed at reinforcing the sector’s global competitiveness and driving modernization. The initiative addresses key challenges such as high energy and feedstock costs, unfair global competition and weakened demand, while fostering innovation, sustainability and regulatory

Industry

Textile Industry Urges Withdrawal Of QCO On Viscose Fibre And Yarn

Textile Insights July 11, 2025

Textile manufacturers in Tamil Nadu’s Coimbatore, Tiruppur, and Erode regions have urged the Union government to withdraw the Quality Control Orders (QCO) on viscose staple fibre (VSF) and the proposed QCO on viscose spun yarn (VSY), citing severe disruptions in raw material supply and rising costs. VSF is the second-most critical input after cotton, with […]

Industry

Textiles Minister Visits KG Exports In Ludhiana

Textile Insights July 11, 2025

KG Exports, one of India’s largest apparel manufacturers, had the honour of hosting the Hon’ble Minister of Textiles, Government of India, Shri Giriraj Singh, at its state-of-the-art manufacturing facility in Ludhiana. During his visit, Giriraj Singh undertook a detailed tour of the company’s operations and infrastructure, gaining insights into the company’s manufacturing

Industry

India Gains Edge As US Tariffs Hit Textile Rivals

Textile Insights July 10, 2025

India’s textile and apparel industry is closely monitoring recent US tariff developments, anticipating potential opportunities as trade dynamics shift globally. Between January and May 2025, the US imported $5.11 billion worth of textiles and apparel from India 13% increase over the same period last year, signaling strong export momentum. “We are actively tracking the

Industry

Lesotho Faces Jobs Crisis As US Tariff Fears Grow

Textile Insights July 10, 2025

Lesotho has declared a national state of disaster due to “high rates of youth unemployment and job losses,” as the country grapples with uncertainty surrounding US tariffs and trade policies. The declaration, effective until 30 June 2027, enables the government to take emergency measures under the Disaster Management Act to mitigate the economic fallout,

Industry

Afreximbank To Build U$5 Bn Textile Hub In Nigeria

Textile Insights July 10, 2025

The African Export-Import Bank (Afreximbank) will begin construction of a U$ 5 billion integrated textile industrial facility in Nigeria this July, in partnership with Arise IIP and Swiss textile machinery firm Rieter, supported by the Swiss government. The move is part of a continent-wide industrialisation strategy, outgoing President Benedict Oramah announced at the

Industry

BTMA Seeks Urgent Policy Reversal To Avert Textile Sector Crisis

Textile Insights July 10, 2025

Bangladesh’s primary textile industry is on the brink of a major disruption, warns the Bangladesh Textile Mills Association (BTMA), urging the government to roll back recent fiscal measures that threaten the survival of domestic spinning mills. In letters sent to key policymakers including the finance and commerce advisers, Bangladesh Bank Governor, and NBR Chairman, BTMA

Industry

MP CM Meets Trident’s Rajinder In Ludhiana

Textile Insights July 9, 2025

As part of his outreach to industry leaders, Madhya Pradesh Chief Minister Dr. Mohan Yadav visited Rajinder Gupta, Chairman Emeritus of the Trident Group at his residence in Ludhiana. The meeting reflected the strong and longstanding relationship between the Madhya Pradesh government and Trident Group, a leading Indian manufacturer in textiles and paper. The visit […]